Reported 8 months ago
Yanghua (3622) benefited from Taiwan Power Company’s robust grid plan, resulting in increased performance in the second quarter, particularly in the production of cable terminal boxes and connectors. With an order production cycle of approximately 3-4 months, Yanghua's visibility extends to the end of the third quarter, expecting the second quarter to be the peak of the year. May's consolidated revenue surged to 223 million Yuan, marking a 95.61% monthly growth and a 57.73% yearly growth, attracting foreign and individual investors and driving stock prices to a record high. Yanghua's main electrical products enjoy significant market share in Taiwan's major cable factories, and outlook remains positive for the foreseeable future.
Source: YAHOO